Revealed: Hyatt Proposes Three Downtown Miami Towers
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Hyatt has submitted a conceptual plan to demolish their downtown Miami hotel and adjacent James L. Knight Center, in order to redevelop it.
The proposal includes three new towers, including two residential towers along the Miami River, along with a hotel tower. All would share a massive podium.
Hyatt already has a long-term lease on the city-owned land but wants an extension. As part of the proposed deal, Hyatt would take the lead in redevelopment while Miami would share in profits.
Miami’s Waterfront Advisory Board will review the proposal at a meeting April 10.
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